UHS Universal Health Services margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 65

Gross margin

43.7%

Operating margin

10.8%

EBITDA margin

15%

Net margin

Current Universal Health Services reports a gross margin of 43.7%, an operating margin of 10.8%, an EBITDA margin of 15%, and a net margin of 8%. Gross margin increased the most, by 1 percentage points, while operating margin fell the most, by 0.7 percentage points.

UHS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Universal Health Services's margins averaged 41.72% gross, 10.48% operating, 14.3% EBITDA, and 7.29% net. All four current margins are above their three-year averages.

UHS margin expansion

Year-over-year margin changes in percentage points

Universal Health Services's gross margin expanded by 1 percentage point, but operating margin contracted by 0.7 percentage points, EBITDA margin by 0.1 percentage points, and net margin by 0.1 percentage points.

Gross margin expansion

1pp

Operating margin expansion

-0.7pp

EBITDA margin expansion

-0.1pp

Net margin expansion

-0.1pp

UHS Gross margin

The average gross margin for Universal Health Services was 41.72% in the last 3 years. Against its three-year average, Universal Health Services's gross margin is currently 43.7%, 2 percentage points above its three-year average. The gross margin for Universal Health Services moved between 38.5% in Dec 2023 and 43.8% in Jun 2026.

UHS Operating margin

The average operating margin for Universal Health Services was 10.48% over the last 3 years. Universal Health Services's current operating margin is 10.8% and is 0.3 percentage points above its three-year average. The operating margin for Universal Health Services moved between 8.2% in Dec 2023 and 11.5% in Mar 2026.

UHS EBITDA margin

Universal Health Services's EBITDA margin averaged 14.3% in the last 3 years. Compared with its three-year average, Universal Health Services's current EBITDA margin is 15% and is 0.7 percentage points above its three-year average. Over the last 3 years, Universal Health Services's EBITDA margin peaked at 15.7% in Dec 2025 and reached a low of 12% in Dec 2023.

UHS Net margin

Over the last 3 years, the average net margin for Universal Health Services was 7.29%. The latest net margin for Universal Health Services is 8%, 0.7 percentage points above its three-year average. Universal Health Services's net margin ranged from a low of 5% in Dec 2023 to a high of 8.6% in Mar 2026.

UHS margin group comparison

Margins compared with peer-group, industry and sector averages

Universal Health Services's gross margin of 43.7% is higher than the industry average but lower than the Healthcare sector and its peers average. Looking at the Healthcare sector average of 68.3%, Universal Health Services's gross margin is 36% lower.

UHS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Universal Health Services's gross margin?

The current gross margin for UHS is 43.7% as of Sep 30, 2026.

What is Universal Health Services's operating margin?

As of Sep 30, 2026, UHS has an operating margin of 10.8%.

What is Universal Health Services's EBITDA margin?

For the period ending Sep 30, 2026, UHS recorded an EBITDA margin of 15%.

What is Universal Health Services's net margin?

The current net margin for UHS is 8% as of Sep 30, 2026.

What are the average margins of UHS?

Over the past 3 years, UHS reported average margins of 41.7% gross, 10.5% operating, 14.3% EBITDA, and 7.3% net.

What are the highest historical margins of UHS?

Across the 5-year period, UHS posted its highest margins at 43.8% gross in Jun 2026, 11.5% operating in Mar 2026, 15.7% EBITDA in Dec 2025, and 8.6% net in Mar 2026.

What are the lowest historical margins of UHS?

Within the 5-year period, UHS recorded its lowest margins at 37.4% gross in Sep 2022, 7.5% operating in Dec 2022, 11.8% EBITDA in Sep 2023, and 4.8% net in Sep 2023.